The parent company of equity crowdfunding platform VentureCrowd has plunged into administration, with an initial meeting of creditors hearing claims of $7.3 million in outstanding debts. But cofounder and CEO Steve Maarbani has called the process a corporate debt restructure, with VentureCrowd’s operating subsidiaries and managed funds unaffected by the process. Launched in 2013, the Sydney-based…
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Burgundy Diamond Mines Limited (ASX: BDM) today announced that its subsidiary, Arctic Canadian Diamond Company Ltd. (ACDC), has filed for insolvency protection under the Companies’ Creditors Arrangement Act (“CCAA”). ACDC, which owns and operates the Ekati Diamond Mine, obtained an initial order from the Supreme Court of British Colombia, granting protection under the CCAA. Burgundy…
Fiscal, debt management: KP govt to introduce series of reforms Business Recorder Read the original article here
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Soon-to-be AFL games record holder Scott Pendlebury is among the sporting stars caught up in the collapse of a $75 million fund linked to a struggling A-League club. The Sayers Road Investment Co, which oversees the Sayers Road Trust, was placed into liquidation earlier this month according to The Age. Watch every match of every…
Centurion Plumbing Services (Scotland) Ltd had bases in Muir of Ord and Elgin. The liquidator said its focus would be on redundancy assistance. The news comes as new quarterly figures showed corporate insolvencies in Scotland increased 27% to 375. Emma Widdowson, chair of trade association R3 in Scotland and legal director at Addleshaw Goddard, said…
Spiders shuts down after Greedfall II prequel release amid Nacon insolvency Notebookcheck Read the original article here
Ministers have today confirmed the appointment of Peter Walton and Koral Anderson as Non-Executive Directors (NEDs) to the Board of the Insolvency Service. Beginning in post on Monday 4 May 2026, they will support the Insolvency Service in its mission to deliver economic confidence by supporting those in financial distress, tackle financial wrongdoing and maximise returns to creditors. …
Sunday, May 3, 2026 7:00 PM Image aggregated from Las Vegas Review-Journal. Emerson Drewes, Las Vegas Review-Journal Email, LinkedIn, and more A Las Vegas food court operator has filed for Chapter 11 bankruptcy, with documents showing it is in over $1 million of debt to a Strip casino. Feel Good Brands LLC, which operates food…